The Times of India

Adani NCD issue: Rs 1,000cr offer fully subscribed in 45 mins; base size filled in 10 mins

Adani Enterprises Limited's Rs 1,000 crore non-convertible debenture issue was fully subscribed within 45 minutes of opening on Tuesday. The NCDs, offering an effective yield of up to 8.90% per annum, saw strong demand, with the base issue and green shoe option being fully taken up quickly. Proceeds will primarily be used for debt repayment.